LIHTC Development & Lease-Up Lead

Affordable Equity Partners, Inc.

Atlanta (GA)

On-site

USD 120,000 - 160,000

Full time

14 days+
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Job summary

Affordable Equity Partners, Inc. (AEP) seeks a Development Asset Manager to serve as the owner's representative for LIHTC projects from construction close through stabilization.

You will ensure on-time, on-budget delivery, manage draw reviews, and coordinate fund flows and investor communications. The role blends construction oversight, capital administration, lease-up management, and LIHTC compliance coordination.

Qualifications

  • Bachelor’s degree or equivalent experience in construction/real estate/finance fields.
  • At least 5 years of experience in affordable housing development, construction management, or LIHTC asset management.
  • Experience reviewing AIA pay applications, lien waiver sequencing, GC/CM contracts, and draw requisitions.
  • Working knowledge of LIHTC program rules (first 15-year compliance, extended use, income recertification basics).

Responsibilities

  • Serve as owner's representative for developments; monitor GC progress and validate schedule recovery plans.
  • Review and approve GC draw requests per the Draw Request SOP; verify invoices, lien waivers, and change orders.
  • Coordinate with investor relations, fund management, accounting and legal on investor reporting and notices.
  • Lead development operations transition and provide hands-on support to OPAM until asset operates smoothly.

Skills

Budgeting
Compliance
Teamwork
Attention to detail
Document control

Education

Bachelor's degree in Construction Management, Real Estate, Finance, Engineering, or related field

Tools

Excel

Job description

Affordable Equity Partners, Inc. (AEP) seeks a Development Asset Manager to serve as the owner's representative for LIHTC projects from construction close through stabilization.

You will ensure on-time, on-budget delivery, manage draw reviews, and coordinate fund flows and investor communications. The role blends construction oversight, capital administration, lease-up management, and LIHTC compliance coordination.

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